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Moderne kantooromgeving

Strategic change in family firms 

In an environment that is constantly changing, it is now more than ever crucial for family firms to implement strategic changes. In this research project, a collaboration between the University of Antwerp and Hasselt University, we unravel how family firms can strategically change in a successful way.    



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Family firms and their employees: a success story?

Family firms are often regarded as good, stable employers. But does this specific HR policy in family firms also lead to a success story for strategic changes?

Tacit knowledge: an advantage or a stumbling block for change?

How does a company know which changes and innovations are needed? In order to discover opportunities, the company must be able to gather knowledge. However, this may be tacit knowledge.

KPIs: useful info, but how do you get the most out of it?

In every organization, there are a number of processes that assist in collecting information and converting this infor-mation into knowledge. However, this knowledge must then actually be used in the company.

Growth problems due to financing constraints: a solution?

Limited access to external financing is a problem that many companies face. This problem hinders their growth. But is there a solution?

The impact of COVID-19 on strategic change

In 2020, family firms were confronted with an extra challenge: the COVID-19 crisis. As a result, they are being tested and challenged more than ever to rethink their business operations.

The project

Strategic changes are necessary to guarantee the continuity of a company. But how do family firms deal with these changes? To unravel this, Hasselt University and the University of Antwerp have set up a large-scale research project.

"Culture eats strategy for breakfast. You have to have a strategy, but if you don't have the culture to implement that strategy, forget it."
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